The company needs to attract institutional investors. 26% of the registry is held by the top 20 which is pathetic. Also, out of that only 3% are actually insto's the rest are retail, again pathetic.SUD is a retail play currently, which means it's not going to move, regardless of the news.
2.5bn shares has f**ked the chance for decent price gains, unless the pumpers come back. Only once we get instos taking 500M + shares are we in for a chance.
SC can get insto's by:
- keeping on doing deals, which he's finally starting to do &
- better disclosure/communication around forecasts and explain the business model & revenue models available - co-devs, partnering etc.
Also, get the 4C out early in the NY as you'll be able to do the math and see strides co-development fees being paid.
Us retail mugs can talk it up and tell all our mates, but none of us have the $$$ to pick up the stock needed to get this thing moving.
